Insurance Life Insurance: Life insurance is the pooling and protection of fortuitous losses such as financial position loss that may occur or result from the premature death of the insured by transferring such risks to the insurer through a past written agreed contract that indemnifies the named beneficiaries, and this indemnification amount is specified according to the premium amount. Importance of Insurance: As human beings are ultimately exposed to various types of risk such as; premature…
Introduction For over 10 years, I have been working as a manager for HealthPlus Amerigroup insurance company. The company is one of the most successful insurance companies that have invested heavily in the health insurance sector. I will be graduating with a Bachelor degree in Health Care Management at the end of 2014 allowing me to change my career. Since I started school in my childhood, I was not sure what kind of workplace fitted me best. Just like other kids, I used to admire wild careers…
people who took advantage of the Affordable Care Act (ACA) and purchased their health insurance through the Market. It’s reasonable to expect that many more Americans will do the same this year and have coverage for 2017. If you are interested in subscribing to one of the health care plans on the Market, then there are a few things you should consider. You May Have Fewer Options Within the Marketplace Many of the health insurance providers are leaving the Marketplace. Many providers reference…
Educating the members of the community on health insurance is needed as well, lack of knowledge can create a lot confusion with health insurance policies. If a person does not know the ins and outs of their current policy, then one may feel as if they are not getting their money’s worth or adequate services for that matter. Making sure there…
Affordable Care Act (ACA) is a law meant to reform the United States healthcare system and the insurance markets via regulations. According to an article written by Kevin Griffis, the Assistant Secretary for Public Health an expert…
last few years, a lot of controversy has arose around employee healthcare benefits; questions such as the quality of benefits a business offers their employees. A benefit is a payment or gift, one makes to help someone, or given by an employer, an insurance company, or a public agency as an aid. Many personally believe that the benefits businesses offer are not quality and that it should be expected while others are just thankful for the options. There are several pros and cons to employee…
Imagine conducting your senior client insurance practice with complete autonomy. You alone would reap praise from thousands of clients. You would also manage client renewals, troubleshoot insurance issues, build advertising campaigns, research administrative technological advancements, negotiate contracts with the home insurance office and conduct many other administrative tasks. Fortunately, insurance agents are not alone. A field marketing organization saves independent agents the time and…
Affordable Care Act. Unlike the previous two open enrollments, people are more aware of the tax penalty for not having health insurance. That being said, we anticipated those uninsured would make appointments prior to November 1st to ensure their spots during open enrollments. I think a high percentage on those who made appointments filled them. They either enrolled in an insurance plan or qualified for an exemption to “exempt” them from paying the tax penalty. Unplanned and Successful-…
Best time to get Pet Insurance There are people who still see pet insurance as useless or again, as a way to get ripped off by “the system”. The truth is that they don’t see why they should get help with paying their vet’s bill. But, like always comes a time when you are hit with unpredictable events, where your beloved furry (or purry) companion gets affected with a serious condition, like for instance, cancer. What do you do in these cases? Do you want to pay your pet’s bill by taking a credit…
program that provides health care to individuals who are 65 years or older, disabled, or individuals with fatal kidney failure. A basic four-part structure is used to construct the foundation of Medicare, Part A: hospital insurance, Part B: supplementary medical insurance, Part C: Medicare advantage, Part D: prescription drug coverage. Part A and B make up what is known as traditional Medicare and Part C is what is known as Medicare Advantage. Part A concerns hospital insurance, this is financed…